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    ANTITRUST | Public recapitalization of undertakings in difficulty due to the COVID outbreak. The (reluctant) green light by the European Commission
    On 8 May 2020, the European Commission extended the scope of the ‘Temporary Framework for State Aid measures to support the economy in the current COVID-19 outbreak’ to allow public support in the form of…
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    CRIMINAL LAW | Coronavirus: administrative and criminal sanctions and impact of legislative measures on criminal proceedings
    The purpose of this memorandum is to summarize and clarify - on the basis of the recent legislative measures - on the one hand the possible consequences deriving from the breach of the containment measures…
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    Infection contracted during surgery. Health professionals are not liable if they follow the protocols.
    The Judge in charge of preliminary enquiries (Giudice delle Indagini Preliminari) of the Criminal Court of Cosenza, with order issued on 26 March 2020, following the request of the Public Prosecutor,…
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    ART | During the Exhibition the Gallery Will Be Closed. Distance selling must be in written form: the rules for gallerists
    1. The Health Emergency and the Art Market: new business models for galleries The extraordinary COVID-19 epidemiological emergency situation is inevitably affecting in a significant way the art market…
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    FRANCE | ECONOMIC LAW | Competition Law: Adaptation of the time limits and procedures of the Autorité de la concurrence in times of health emergency
    Ordinance No. 2020-306 of 25 March 2020 relating to the extension of expired deadlines during the health emergency period and the adaptation of procedures during this same period (Ordinance) enabled…
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    FRANCE | CORPORATE M&A | The legal consequences of COVID-19 on M&A transactions Analysis and practical considerations
    What legal consequences will COVID-19 have on ongoing and future M&A transactions? How to address the current situation in our agreements? 1. COVID-19 and M&A process • Prior to signing: prior to…
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    FRANCE | PUBLIC LAW | Order No. 2020-319 of 26 March 2020 relating to the measures applicable to public procurement contracts during the COVID-19 health crisis
    The Order No. 2020-319 which provides details on the measures applicable to public procurement contracts during the COVID-19 health crisis, was published on 26 March 2020. Three comments stand out from…
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    FRANCE | PUBLIC LAW | Extension of time limits and adaptation of procedures during the health emergency period – Focus on town planning
    Order No. 2020-306 of 25 March 2020 relating to the extension of the time limits expired during the period of health emergency and to the adaptation of procedures clarified the derogating rules…
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    CORPORATE & COMMERCIAL | Coronavirus emergency: permitted and suspended business activities
    [IMPORTANT NOTE: This document is updated as at 28 April 2020 at 3:00 p.m., given that the state of emergency and the related regulatory framework are constantly evolving on a daily basis, the contents of…
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    CAPITAL MARKETS | New amendments to Article 120, TUF and new enhanced transparency requirements for major shareholding variations and declarations of intent
    In order to limit the negative effects that the COVID-19 epidemiological emergency is producing on the Italian economy, on 8 April 2020 Decree-Law No. 23/2020 was published in the Official Gazette of the…
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    GERMANY | FINANCE, RESTRUCTURING & INSOLVENCY | Overview of all support measures of the federal government and each individual federal state
    This article provides an overview of existing and planned federal and state financial support measures. The article also contains direct links to the relevant authorities and banks and is updated…
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    ART | During the exhibition the Gallery will be closed: the Nctm ArTeam at service of artists and gallerists.
    [IMPORTANT NOTE: This document aims to provide a first simple illustrative guide to the recent regulatory changes, not providing a legal opinion. It is updated on 6 April 2020 at 5 pm. Considering that the…
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